Category: Business

The Central Bank of Kuwait (CBK) announced on Monday the issuance of bonds and related tawarruq at a value of KD 240 million (about USD 792 million).

CBK said in a statement carried by Kuwait news agency (KUNA), that the securities bear a 4.375 perce…

BERLIN: There will be no cutbacks in state subsidies for green construction and renovation next year, Germany’s Economy Ministry said on Monday.

German news agency dpa quoted a spokesperson as saying that that the building subsidies will remain fully…

The volume of South Korean exports increased by 13% over the past decade.

A report by the Federation of Korean Industries said that the value of exports grew from $559.6 billion in 2013 to $632.2 billion in 2023.

The data also indicated that South K…

Gold prices held steady on Monday near a record high scaled in the previous session, as rising expectations of a US interest rate cut next month lifted bullion’s appeal.

Spot gold edged 0.2% lower to $2,501.19 per ounce. Prices had surged to an all-t…

MADRID: Spain’s foreign trade deficit decreased in June from a year ago as imports fell faster than exports, preliminary data from the Economy Ministry showed on Monday.

The trade deficit dropped to pound 0.71 billion (US$0.78 billion) in June from p…

Several financial institutions have raised their expectations for Malaysia’s economic growth this year to more than 5 percent after it recovered in the first half of the year, with some institutions’ expectations exceeding government expectations.

Th…

DUBAI: Dubai World Trade Centre Authority (DWTCA) Free Zone today published results from the first half of the year, revealing a sharp uptick in the number of companies choosing DWTCA as the destination for their Dubai business, and marking an increas…

Public revenues in the Sultanate of Oman decreased by 2 percent year-on-year during the second quarter of 2024, reaching about OR 6 billion and 197 million, compared to OR 6 billion and 342 million in the same period of 2023.

Data issued by the Omani…